Gas prices in 1 year

[Jimmy9190]

Originally Posted By: Cutehumor
I'm possibly in the market for another vehicle. I really want a truck, but the thought of $4 or even $5 gallon makes me think about a fuel efficient ride instead.


The gas price problem makes me very glad my truck is paid for. I hate to think about what the people with a financed or leased car/truck/SUV have to face with sky-high gas prices on top of a $300.00 or $400.00 or even higher car payment.

 

[antonmnster]

Hmmm... we pay the smallest proportion of our incomes towards taxes than just about any other industrial country, and the amount that we pay in taxes as a percentage of our income is the lowest in decades.

If you don't like taxes, fine. But get your facts right. And recognize that oil in the US is HEAVILY subsidized by, wait for it, taxpayers.

 

[The_Jeff]

What does thinking about gas prices get you, except agitated?

If you're driving the smallest cheapest vehicle that meets your needs and prices fluctuate, you made the right choice. If they don't fluctuate, you still made the right choice. If you choose some sort of luxury/gluttony over what you need, it's your gamble. Most people need to be on the edge over something, whether it's if their spouse catches them cheating, their dog wins on the track, or the price of fuel for their SUV. Makes life interesting.

Fuel Prices have been all over the map since 1998. The average new vehicle lasts at least 12 years. A year in the future barely matters compared to where we could be in 2023!

 

[FZ1]

$4.00.

 

[ueberooo]

Something like that, maybe less, by fall '11.

3.65

 

[Ausfahrt]

Originally Posted By: antonmnster
Hmmm... we pay the smallest proportion of our incomes towards taxes than just about any other industrial country, and the amount that we pay in taxes as a percentage of our income is the lowest in decades.

If you don't like taxes, fine. But get your facts right. And recognize that oil in the US is HEAVILY subsidized by, wait for it, taxpayers.


+1

linky

 

[Autobahn88]

Originally Posted By: bigdreama
Originally Posted By: antonmnster
Hmmm... we pay the smallest proportion of our incomes towards taxes than just about any other industrial country, and the amount that we pay in taxes as a percentage of our income is the lowest in decades.

If you don't like taxes, fine. But get your facts right. And recognize that oil in the US is HEAVILY subsidized by, wait for it, taxpayers.


+1

linky


If some of you think that you pay alot of tax, try Canada. Our taxes are insane up here. I dream of having the tax rate that Americans have.

 

[j_mac]

This is a really simple question with a really simple and foolproof answer.

The price we will pay for gas next year will be exactly what OPEC wants it to be.

Meanwhile the worldwide recession that OPEC created will continue and MILLIONS of starving people across the globe will continue to starve to death so the Arabs can build bigger, more ridiculous man made islands and fairy tale hotels and high-rent apartments that will operate at 5-10% occupancy. Maybe another attempt to build an even taller skyscraper than the world's tallest they just built, that noone is using.

Meanwhile people in the Third World suffer immensly due to the twisted economic conditions and Americans like us continue to live less well off than our parents did.

Ironic that WE showed them what was underground in the Middle East and showed and gave them the tools to extract it. They went from living in mud huts and lean-to's and riding camels to the richest people in the world (per capita.) But that wasn't enough. They all want to be millionairs and billionairs TEN times over what they were 10 years ago.

 

[Spyder7]

Originally Posted By: Autobahn88
The prediction that I heard on BNN was $120 to $130 a for a barrel of oil by the end of the summer. If that is the case, at least here in Canada, you can see $1.20 to $1.30L for gas. I can see in the near future again, the end of cheap gas. I feel for the people that heat with oil.


Its already $1.20 here now. This time next year I wouldn't be suprised to see it over a $1.50, if we don't hit that before the winter is over. Its already risen here by over 15 cents a liter in just the past few months, and we're still not into our colder months yet.

The more they increase it the more I cut out non-essential trips and do fewer things in one trip that I'd otherwise do in two. I also look to shorter routes too where normally I'm otherwise inclined to take a longer route that can be quite a bit longer if it involves fewer, or no traffic lights (I hate stop and go driving).

Between shoveling, sitting in the cold car as it warms, and fuel price robbery, I find the fun sucked out of driving in the winter time anyway so it just becomes increasingly utilitarian for me. If prices continue to rise and stay up, it'll stay that way.

-Spyder

 

[saberz]

Back in 03/04 it hit 4+-5+ dollars a gallon. At the time I had a company card that I just began to use 100% for fuel and they had no qualms. My trips in the Impala while getting good MPG's required one tank per direction of driving. 50-60 bucks a tankful = not fun.

If I still had my Xterra(which sometimes I wish I did) i'd have taken a glock to my wallet and put it out of its misery! I seriously believe that NOTHING has changed from 99 to now in terms of supply except the speculation(yes I said it). You are making a fortune and seriously screwing with people by "guessing" what the future holds.

I want it back to 90 cents for regular and 1.10 for Premium. Everything is greed now. Let BITOG run the nation.

 

[pbm]

Originally Posted By: antonmnster
Hmmm... we pay the smallest proportion of our incomes towards taxes than just about any other industrial country, and the amount that we pay in taxes as a percentage of our income is the lowest in decades.

If you don't like taxes, fine. But get your facts right. And recognize that oil in the US is HEAVILY subsidized by, wait for it, taxpayers.



America has either the highest or second highest corporate tax rate in the world.
We also have numerous taxes that other countries don't always have, ie: road and bridge tolls, property taxes,sales taxes, school taxes, income taxes, etc...
My in-laws in Europe pay outrageous taxes on fuel but pay NO property taxes. I pay nearly 10K a year in property tax alone not to mention $8 to cross the George Washington bridge to get to work. Last week I had to work in one of the outerboros and paid $24.50 in bridge tolls to get to work and back home.
It is well a well known, documented, fact that the northeast and other high taxed areas are losing population while low tax states are gaining. People are voting with their feet and I can't wait to do the same.
By the way, approximately 40% of Americans pay no income tax.

 

[Scienceman]

Originally Posted By: Panzerman
Drill baby, drill.

Here is the answer.


Now, let me say, In my town gas has raised HUGE in just a matter of a few days. We are nearing $3.00 a gal, and as the summer draws near I do not see them falling anytime soon.
The government/gas companies know people travel on vacations in the summer, and almost everyone has a job to work and it requires gas...hence the rising prices. We usually get a small break in prices over the fall/winter...but hey, Its all about making a buck, right?
I predict my town in Tennessee will be up to $3.60 by August '11.

 

[Scienceman]

BTW..I will have a ~60 mile trip a day in my truck that gets ~19 MPG.
yeeeehawwwww!

And its not a Ford...(yet, my old F-150 would get like 12 MPG lol)

 

[AuthorEditor]

We've been paying around $3.29 per gallon around here for a few months now. My prediction is $4.29 per gallon by July 4th, but I'll be riding my motorcycle then and getting 52 mpgs, while passing everyone on the road and having lots of fun doing it! The only brake on gas prices might be if we have the double-dip recession that some are predicting. If the economy is growing, gas prices will go up. Supply and demand still rules.

 

[AuthorEditor]

I may have been off on my prediction. An ex oil executive predicts $5 per gallon by 2012 here: $5 Gas.

 

[lexus114]

Originally Posted By: Jimmy9190
Originally Posted By: Cutehumor
I'm possibly in the market for another vehicle. I really want a truck, but the thought of $4 or even $5 gallon makes me think about a fuel efficient ride instead.


The gas price problem makes me very glad my truck is paid for. I hate to think about what the people with a financed or leased car/truck/SUV have to face with sky-high gas prices on top of a $300.00 or $400.00 or even higher car payment.



It sure does not stop anyone from driving around here where I live!

 

[bruno]

Probably where it is now after China implodes - they're due for a reality check .
I think their accounting practices are as bogus as they can get and there's no way for outside auditors can check .

 

[Cutehumor]

Originally Posted By: Anies
Back in 03/04 it hit 4+-5+ dollars a gallon. At the time I had a company card that I just began to use 100% for fuel and they had no qualms. My trips in the Impala while getting good MPG's required one tank per direction of driving. 50-60 bucks a tankful = not fun.


I'm seeing folks spend almost $100 filling up their Tahoe/suburban.

 

[morris]

in 1974 a friend, that had a oil drilling co said"there is no shortage of oil, it just cost to much to get" in 2 years his drilling pipe cost went up by 4 fold. so there is a number of things that control the price of oil/gasoline

 

[antonmnster]

We certainly have taxes, but they tend to be regressive, illogical, and made so complicated so that you have to pay to have them done if you do anything interesting.

But that's not my point.

The top 1% of earners are paying FAR less $ than a decade ago, and the rest of us get to make up the difference. The corporate tax rate might be high, but lobbyists have made sure that the biggest corporations will NEVER pay it by bribing enough politicians to create loopholes that you and I will never get to use. By citing the "high" corporate tax rate, that signals that you're buying EXACTLY what the lobbyists are selling. And who makes up the difference between what we spend and the taxes that the lobbyists' clients don't have to pay? WE DO.

I live in a Blue state. For every $1 that we send to DC in income taxes, we get back about 73 cents. Meanwhile, the "antitax, get government out of my face" Red Sates typically get back $1-1.20 for every $1 they send to DC. So the high-earning Blue states are SUBSIDIZING the anti-government Red states. And that'd be just fine, if they didn't insist on rolling society back to the pre-Enlightenment.

And where is all that money going? Healthcare. Because we'd rather get in bed with the insurance companies - and their lobbyists - we could not do what we needed to do to cap the insane growth in healthcare spending. Our inability to deal with this issue - combined with our inability to push ourselves away from the food trough - is going to break our country. We cannot remain innovative, get a grip on governmental spending, or grow business without taking this on. But instead we get bent out of shape about mythical 'death panels' and other lies propogated by those who are currently ripping us off.

Just my $.02